By Marcus Lim, Miami Today — May 24, 2018 A South Florida real estate investment firm has formed a $300 million lending venture to offer a simple, quick loan solution for buyers of luxury apartments in Miami-Dade, especially for foreign investors, already closing numerous units for one tower with future plans to work with three [...]
By Keith Larsen, The Real Deal — May 21, 2018 A Modern Orthodox Jewish day school in Dania Beach just received a $6.75 million mortgage from one of area’s most active real estate lenders. Little Rock, Arkansas-based Bank of the Ozarks granted Brauser Maimonides Academy the mortgage on May 15, property records show. The private [...]
By Nathan Hale, Law 360 — May 15, 2018 Former distributors for nutrition supplement company Herbalife Ltd. urged a Florida federal court Monday to deny a bid to move their Racketeer Influenced and Corrupt Organizations Act suit, which could result in up to $1 billion in damages, to Central California, arguing Florida is the dispute's [...]
By Gina Passarella Cipriani, Law.com — May 01, 2018 As the legal industry clamors for a new model, will the market for spinoffs grow? If so, what goes into starting anew, and what are the hurdles to overcome? [...] If there is one piece of advice those who have made the leap all shared, it’s [...]
By Ron Hurtibise, Sun Sentinel — April 23, 2018 People’s Trust Insurance lost $42 million in 2016, was recently in financial “shambles,” and was overvalued by more than $50 million when current President and CEO George W. Schaeffer agreed to buy half of the company from the widow of his late partner. Those claims surfaced [...]
By Nathan Hale, LAW360 Law360 (February 21, 2018, 10:52 PM EST) -- Former distributors for global nutrition supplement company Herbalife Ltd. are urging a Florida federal court to deny the company's bid to force their potentially $1 billion racketeering suit into arbitration, arguing a unilaterally imposed arbitration clause is unenforceable and inapplicable. The plaintiffs' response [...]
By Noddy A. Fernandez, LEGAL NEWSLINE MIAMI (Legal Newsline, September 29, 2017) – Calling Herbalife a "corrupt organization of individuals," several plaintiffs have filed a class action lawsuit over allegations that the multi-level marketing company's Circle of Success events are "valueless." Jeff Rodgers, Patricia Rodgers, Michael Lavigne, Jennifer Lavigne, et al., individually and on behalf [...]
By Celia Ample, DAILY BUSINESS REVIEW — September 25, 2017 Herbalife's $200 million settlement with the government didn't quite squash all of the nutrition-shake company's fraudulent business practices, a new Miami class action claims. The lawsuit is the first to go after the Los Angeles-based multilevel marketing company's top distributors, claiming they misled hundreds of [...]
By Nathan Hale, LAW360 Law360, Miami (September 21, 2017, 10:48 PM EDT) -- Global nutrition supplement company Herbalife Ltd. and 44 of its top distributors have been hit with a putative class action in Florida federal court that plaintiffs say has the potential to result in up to $1 billion in damages on allegations the [...]
By Don Hayden On March 25th, the U.S. Supreme Court issued a very favorable decision for pregnant employees seeking protection under the Pregnancy Discrimination Act, 92 Stat. 2076, 42 U.S.C. §2000 et. seq. (“PDA”), that may have far reaching implications in other employment discrimination claims depending upon how one interprets the majority decision authored by [...]